Premier Alliance Group Announces Conference Call to Discuss Closing of GreenHouse Holdings Acquisition

Call to Be Held on Wednesday March 14th at 11:00 AM ET


CHARLOTTE, NC--(Marketwire - Mar 8, 2012) - Premier Alliance Group, Inc. (OTCBB: PIMO), a professional services company focused on business and technology advisory and consulting services, announced that it will host a conference call to discuss the recent closing of the GreenHouse Holdings, Inc. acquisition. The Company will be hosting a conference call on March 14th at 11:00 am ET.

During this conference call, Mark Elliott, CEO of Premier Alliance, will discuss the Company's recently completed acquisition of GreenHouse Holdings as well as the exciting growth opportunity the combined company now represents. Management discussion will be followed by an open Q&A session available through the link below. Shareholders will be able to submit questions via an instant messenger when they log into the call. Questions will then be addressed by management at the end of the call.

Interested parties may listen to the presentation live online at http://www.visualwebcaster.com/event.asp?id=85764 or by calling (888) 390-3967.

It is recommended to dial in approximately 10 to 15 minutes prior to the scheduled start time. An audio rebroadcast of the conference call will be archived online at http://www.premieralliance.com.

About Premier Alliance Group, Inc.
Premier Alliance Group, Inc. (OTCBB: PIMO) is a leading provider of business and technology advisory and consulting services. Practice areas of expertise encompass Governance, Risk & Compliance (GRC), Business Performance & Technology, and Finance & Accounting as we assist clients with Risk Management, Compliance, Mergers & Acquisitions, Organizational Effectiveness, Project/Program Management, Information Management, Architecture and Software Development. Premier Alliance Group is headquartered in Charlotte, NC. For more information, please visit www.premieralliance.com.

About GreenHouse Holdings, Inc.
GreenHouse Holdings is a leading provider of energy efficiency and sustainable facilities services and solutions. The company designs, engineers and installs disparate solutions and technologies that enable its clients to reduce their energy costs and carbon footprint. Its target markets for energy efficiency solutions include government and military, as well as commercial and industrial markets. For more information, please visit: www.greenhouseintl.com or the GreenHouse YouTube channel at http://www.youtube.com/greenhouseintl or follow GreenHouse on Twitter @greenhouseintl.

Safe Harbor Statement
Certain information contained in this press release may be forward-looking. Actual results might differ materially from any forward-looking statements contained in this press release. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of Premier Alliance Group to be materially different from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates" or "plans" to be uncertain and forward-looking.

Contact Information:

Contact:

Investor Relations
Jeff Ramson
ProActive Capital Resources Group
646-863-6341
jramson@proactivecrg.com